| Product Code: ETC4730066 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia`s bicycle frames import market saw significant growth in 2024, with top exporting countries including Netherlands, Poland, Czechia, Germany, and Austria. The market concentration, as measured by the HHI, increased from moderate to high in 2024, indicating a more competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 12.5%, while the growth rate from 2023 to 2024 surged to 31.4%. This data suggests a flourishing market for bicycle frames in Latvia, driven by strong demand and diverse international suppliers.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Bicycle Frames Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Bicycle Frames Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Bicycle Frames Market - Industry Life Cycle |
3.4 Latvia Bicycle Frames Market - Porter's Five Forces |
3.5 Latvia Bicycle Frames Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Latvia Bicycle Frames Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Bicycle Frames Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Bicycle Frames Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing trend towards sustainable and eco-friendly transportation options |
4.2.2 Increasing health consciousness and desire for physical activity |
4.2.3 Government initiatives promoting cycling as a mode of transportation |
4.2.4 Rising popularity of cycling as a recreational activity |
4.2.5 Technological advancements in bicycle frame materials and design |
4.3 Market Restraints |
4.3.1 Seasonal demand fluctuations due to weather conditions |
4.3.2 Competition from alternative modes of transportation |
4.3.3 High initial costs associated with purchasing bicycles and frames |
4.3.4 Limited infrastructure supporting cycling in urban areas |
4.3.5 Import tariffs and trade restrictions affecting the bicycle industry |
5 Latvia Bicycle Frames Market Trends |
6 Latvia Bicycle Frames Market Segmentations |
6.1 Latvia Bicycle Frames Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Bicycle Frames Market Revenues & Volume, By Aluminum, 2021-2031F |
6.1.3 Latvia Bicycle Frames Market Revenues & Volume, By Steel, 2021-2031F |
6.1.4 Latvia Bicycle Frames Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.1.5 Latvia Bicycle Frames Market Revenues & Volume, By Titanium, 2021-2031F |
6.1.6 Latvia Bicycle Frames Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Bicycle Frames Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Bicycle Frames Market Revenues & Volume, By Mountain, 2021-2031F |
6.2.3 Latvia Bicycle Frames Market Revenues & Volume, By Hybrid, 2021-2031F |
6.2.4 Latvia Bicycle Frames Market Revenues & Volume, By Road, 2021-2031F |
6.2.5 Latvia Bicycle Frames Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Bicycle Frames Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Bicycle Frames Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Latvia Bicycle Frames Market Revenues & Volume, By Offline, 2021-2031F |
7 Latvia Bicycle Frames Market Import-Export Trade Statistics |
7.1 Latvia Bicycle Frames Market Export to Major Countries |
7.2 Latvia Bicycle Frames Market Imports from Major Countries |
8 Latvia Bicycle Frames Market Key Performance Indicators |
8.1 Percentage increase in the number of designated bike lanes and cycling infrastructure |
8.2 Average price point of bicycle frames in the market |
8.3 Number of new product launches or innovations in bicycle frame materials and design |
8.4 Growth in the number of bicycle-related events or races in Latvia |
8.5 Percentage of population using bicycles as a primary mode of transportation |
9 Latvia Bicycle Frames Market - Opportunity Assessment |
9.1 Latvia Bicycle Frames Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Latvia Bicycle Frames Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Bicycle Frames Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Bicycle Frames Market - Competitive Landscape |
10.1 Latvia Bicycle Frames Market Revenue Share, By Companies, 2024 |
10.2 Latvia Bicycle Frames Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |